Social Business Joint Ventures
Grameen Danone Foods
The Grameen and Groupe Danone entered into a joint venture agreement effective from March 2006, to form a company called Grameen Danone Foods - a social business enterprise in Bangladesh. Grameen Danone Foods brings daily healthy nutrition to low income nutritionally deprived populations in Bangladesh and alleviates poverty through the implementation of a unique community based business model.
Grameen and Veolia Water agreed in March 2008 to set up a new company called Grameen-Veolia Water Ltd to supply drinking water to the poorest people of Bangladesh. Its mission will be to operate several water treatment and production plants in the poorest villages in Bangladesh. At the end of 2008, the first plant, has begun supplying water suitable for cooking and drinking to 25 000 inhabitants of Goalmari, a village 100 km. from Dhaka. Consumers pay a price that is set on the basis of what they can afford. All the profits will be reinvested in the further development of the project.
BASF Grameen Ltd. will start by utilizing two products from BASF’s portfolio: dietary supplement sachets containing vitamins and micronutrients, and impregnated mosquito nets that offer protection against insect-borne disease. BASF will contribute €200,000 initial investment, funds for one million sachets of vitamins and micronutrients and 100,000 mosquito nets. Grameen’s contribution includes its knowledge of the market, distribution structures and networks in Bangladesh.
Integrated Network of Hospitals, Medical Schools, and Clinics
A new Grameen University and Hospital in Bangladesh will be an important focal point of the project. This hospital and university will be developed into one of the most advanced in the country, treating patients from all strata of society with the best methods possible. Additionally, a strong research and training component will be attached to every aspect of the hospital and university. The university will focus on training doctors, nurses and technicians that will be critical to the growth and effectiveness of the overall network.
The hospital will have branches all over the country, including 30 district Grameen Hospitals; 5 of these will be larger regional Grameen Hospitals located in bigger cities. There will also be up to 3,000 or smaller technician staffed community ambulatory clinics. These clinics will be organized to serve the entire local population in addition to Grameen borrowers. All these centres will have their own research and training components in addition to the quality treatment and primary Healthcare facilities.